Chennai Gold Rate Today, October 16, 2026: Gold and Silver Prices Remain Unchanged

Gold and silver prices in Chennai remained unchanged on Friday, October 16, 2026, according to the latest MJDTA rate update. The price of 22-carat gold stands at ₹13,515 per gram, while 18-carat gold is priced at ₹11,115 per gram.

The 14-carat gold rate remains at ₹8,900 per gram, and silver continues to trade at ₹240 per gram.

Chennai Gold and Silver Rate Today

22-Carat Gold: ₹13,515

18-Carat Gold: ₹11,115

14-Carat Gold: ₹8,900

Silver: ₹240

22-Carat Gold Rate for One Sovereign

The price of one sovereign (8 grams) of 22-carat gold remains at ₹1,08,120 in Chennai. This price excludes jewellery making charges, GST and other applicable costs.

Gold and Silver Prices Stable in Chennai

The latest update indicates stability in Chennai`s gold and silver market, with no changes recorded across the listed categories. Prices may fluctuate depending on international bullion market movements, currency exchange rates and market demand.

Jewellery buyers are advised to confirm the latest rates with their jewellers before making a purchase.

Follow LiveChennai for daily updates on Chennai gold rates, silver prices and market movements.